Falling for the fifth straight session, fairness benchmark indices Sensex and Nifty declined on Thursday amid issues that the U.S. Federal Reserve may increase rates of interest additional to curb inflation.
Fresh overseas fund outflows and principally weak developments in Asian markets additionally hit investor sentiments, merchants stated.
In a extremely volatile trade amid month-to-month derivatives expiry, the BSE Sensex declined 139.18 points or 0.23% to settle at 59,605.80. During the day, it hit a excessive of 59,960.04 and a low of 59,406.31.
The NSE Nifty slipped 43.05 points or 0.25% to finish at 17,511.25.
In the Sensex pack, Asian Paints, Larsen & Toubro, Titan, IndusInd Bank, Bharti Airtel, Power Grid, Bajaj Finserv, Infosys, HDFC Bank and HDFC had been the foremost laggards.
On the opposite hand, Axis Bank, Tata Motors, ITC, State Bank of India, Tata Steel and Sun Pharma had been among the many gainers.
In Asian markets, China and Hong Kong settled decrease, whereas South Korea ended larger. Japanese markets had been closed for a vacation.
European equities had been buying and selling principally in the inexperienced throughout afternoon trade.
The U.S. markets ended on a combined be aware on Wednesday.
Meanwhile, the rupee appreciated by 15 paise to shut at 82.73 (provisional) in opposition to the U.S. greenback on Thursday.
International oil benchmark Brent crude climbed 0.32% to $80.86 per barrel.
Foreign Portfolio Investors (FPIs) offloaded shares value ₹579.82 crore on Wednesday, in response to change knowledge.